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Jackson Financial JXN Closed Block Life — Reserves for future policy benefits
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Where this comes from
Reported directly by Jackson Financial in its filing.
Tagged under the XBRL concept jxn:LiabilityForFuturePolicyBenefitBeforeReinsuranceReserve.
The source filing: Jackson Financial’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 4:22 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001822993-26-000072
| Line item | March 31, 2026 | December 31, 2025 |
|---|---|---|
| Reserves for future policy benefits | ||
| Payout Annuities | $1,156 | $1,169 |
| Closed Block Life | 3,464 | 3,580 |
| Closed Block Annuity | 3,533 | 3,647 |
| Reserves for future policy benefits | 8,153 | 8,396 |
| Additional liabilities | ||
| Closed Block Life | 1,175 | 1,195 |
| Other future policy benefits and claims payable | 1,378 | 1,305 |
Item 1. Financial Statements
FAQ
- What is Jackson Financial's closed block life — reserves for future policy benefits?
- Jackson Financial (JXN) reported closed block life — reserves for future policy benefits of $3.46B in Q1 2026.
- How has Jackson Financial's closed block life — reserves for future policy benefits changed year-over-year?
- Jackson Financial's closed block life — reserves for future policy benefits decreased by 2.7% year-over-year, from $3.56B to $3.46B.
- What is the long-term trend for Jackson Financial's closed block life — reserves for future policy benefits?
- Over 2 years (2023 to 2025), Jackson Financial's closed block life — reserves for future policy benefits has grown at a -6.0% compound annual growth rate (CAGR), from $16.04B to $14.17B.
- What does closed block life — reserves for future policy benefits mean?
- This represents the total actuarial liability established to cover future obligations for life insurance policies within a closed block of business. It reflects the present value of expected future benefit payments minus the present value of expected future net premiums. This metric is critical for assessing the long-term solvency and capital adequacy of legacy insurance portfolios.
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